5 New Tech Penny Stocks to Watch NOW | Summary and Q&A

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March 10, 2021
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Let's Talk Money! with Joseph Hogue, CFA
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5 New Tech Penny Stocks to Watch NOW

TL;DR

This video discusses five penny stocks that have the potential for massive returns by capitalizing on long-term market themes such as virtual worlds, VR, AR, and artificial intelligence.

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Key Insights

  • πŸ‰ Penny stocks can offer substantial returns by aligning with long-term market trends.
  • πŸ›€ Hello Pal, Next Tech AR Solutions, Blue Apron, Remark Holdings, and Spark Networks have shown potential for growth in various market themes.
  • 🌍 Virtual worlds, AR, VR, AI, and online experiences are significant themes driving the growth of these penny stocks.
  • πŸŒ₯️ Valuations of these penny stocks present value and growth opportunities compared to larger, more expensive companies in similar industries.
  • 🀩 Diversifying investments in a portfolio of penny stocks is key to increasing the chances of finding successful investments.
  • πŸš₯ Penny stocks require a longer investment horizon of three to five years for significant growth potential.
  • 🎁 The market may not fully realize the growth opportunities of these penny stocks, presenting an opportunity for investors.

Transcript

hey bowtie nation joseph hogue here with the let's talk money channel and a special penny stocks video for you today nation we're covering some amazing themes in our ark invest big ideas series we're digging into the research on those 15 biggest themes and the stocks to buy we've already talked about digital wallets ai and e-commerce and we'll be c... Read More

Questions & Answers

Q: What is the revenue growth potential for Hello Pal, and how does it fit into the virtual worlds theme?

Hello Pal experienced a 900% revenue growth in 2020, capitalizing on the live stream e-commerce trend in Asia. It has over 5.4 million users and 15,000 active live streamers across 200 countries, making it a strong fit for the virtual worlds theme.

Q: How does Next Tech AR Solutions differentiate itself in the market, and what are its growth projections?

Next Tech is positioning itself as a first-mover in AR applications, particularly in virtual conferences, e-commerce, and advertising. It offers advanced augmented reality experiences and is expected to double its revenue from $20 million to $50 million this year.

Q: What factors contribute to the potential success of Blue Apron as a penny stock?

Blue Apron's DIY cooking channel with a delivery component has shown a turnaround with 22% sales growth in the fourth quarter. With strong financials, including a cash reserve of $44 million, and the potential for drone deliveries to increase sales and reduce costs, it presents an enticing investment opportunity.

Q: How does Remark Holdings leverage AI solutions, and what growth opportunities does it have?

Remark Holdings specializes in AI software and solutions for retail, smart city, and workplace safety applications. It holds a master contract to transform all 18,000 China Mobile stores into smart stores and has innovative biosafety solutions. With the market for AI estimated to grow to $30 trillion over the next 16 years, Remark has significant growth potential.

Q: Why is Spark Networks a compelling penny stock investment in the online dating market?

Spark Networks is a leader in online dating for professionals and thematic groups. With over 12.7 million registered users and strong revenue growth of 38%, it has tapped into the trend of online experiences transitioning into virtual worlds. It offers an attractive investment opportunity at a low valuation compared to its competitors.

Summary & Key Takeaways

  • The video explores five penny stocks that could provide significant returns by leveraging long-term market trends.

  • Hello Pal, a social messaging and live streaming app, is discussed for its revenue growth potential in the virtual worlds theme.

  • Next Tech AR Solutions is highlighted for its augmented reality applications, particularly in virtual conferences, e-commerce, and advertising.

  • Blue Apron is mentioned for its new tech opportunities in the delivery services sector, with the potential for increased sales and reduced costs through drone deliveries.

  • Remark Holdings is covered for its AI solutions in retail, smart city, and workplace safety applications.

  • Spark Networks, a global online dating network, is discussed as an opportunity to tap into the virtual experiences theme.

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